LIC ADO Salary 2023
LIC ADO Salary 2023: The LIC (Apprentice Development Officer) ADO Notification has been released for 9394 vacancies with updated LIC ADO Salary. Candidates that are preparing to appear for the LIC ADO exam must have complete knowledge about LIC ADO salary including basic pay, in-hand salary, allowances, benefits, job profile, and other details. In this article, we have discussed detailed information regarding the salary of a LIC Apprentice Development Officer (ADO). The initial basic pay in the LIC ADO salary is Rs 21,865/- per month. The LIC ADO In-hand Salary is based on the pay scale of 21865-1340(2)-24545-1580(2)-27705-1610(17)-55075.
LIC ADO Salary Structure 2023
Total emoluments at the minimum of the scale, inclusive of House Rent Allowance& City Compensatory Allowance wherever admissible depending upon the classification of the city, will be approximately Rs. 37,345/- in ‘A’ Class City. The candidates can understand the salary structure, job profile, and career growth idea of the LIC Apprentice Development Officer from this article. LIC ADO 2023 Salary Structure has been tabulated below-
LIC ADO Salary 2023 | |
Basic Pay | Rs.21,865/- |
Pay scale | 21865-1340(2)-24545-1580(2)-27705-1610(17)-55075 |
Dearness Allowance (DA) | 40% of the basic pay(based on the Inflation rate) |
House Rent Allowance (HRA) | 7%-9% of the basic pay(Location dependent) |
City Compensatory Allowance | 0% – 4% of the basic pay (Location dependent) |
In-hand Salary | Rs. 34,503/- to Rs. 37,000/- |
Post | Year | Pay Scale | Salary (In-hand) |
Apprentice Development Officer | - | On appointment | Rs. 21,865 |
After 2 years | 1340*2 | Rs. 24,545 | |
Next 2 years | 1580*2 | Rs. 27,705 | |
For the next 17 years | 1610*17 | Rs. 55,075 |
LIC ADO Interview Call Letter 2023 Out- Click to Check
LIC ADO Saalary Allowances
The allowances offered to LIC Apprentice Development Officer besides their basic pay are as follows-
- Dearness Allowance (DA): DA is revised every quarter based on the CPI (Consumer Price Index). This LIC AAO salary forms CPI 40% of the Basic Pay.
- House Rent Allowance (HRA): HRA can be 9%, 8%, or 7% of the basic pay depending on the location of the job.
- City Compensatory Allowance (CCA): CCA can be 4%, 3%, or 0%, Depending on the location of the posting.
Apart from the LIC ADO Allowances, LIC ADO will also receive some other benefits. Have a look at the benefits listed below:
- Gratuity
- LTC
- Group Insurance
- Vehicle Advance
- Mobile Handset
- Attractive Performance Incentives
- Pension Scheme
- Medical Benefit
- Accident Insurance
- Reimbursement
- Supply of Dailies
LIC ADO Salary- Probationary Period
Candidates appointed as Apprentice Development Officers have to go through a probationary period of 1 year. This period can be extended by the authority while supervising the performance of the appointed candidate. During the probationary period, candidates will be paid equal to the basic pay of Rs. 21,865 per month.
LIC ADO Salary- Career Growth
The higher post an Apprentice Development Officer could reach is Regional Manager. The hierarchy of Career growth and promotion of Apprentice Development Officers (ADO) in the LIC has been enlisted below-
1. Apprentice Development Officer
2. Probationary Development Officer
3. Development Officer
4. Assistant Branch Officer
5. Branch Officer
6. Senior Branch Officer
7. Assistant Divisional Officer
8. Divisional Officer
9. Senior Divisional Manager
10. Regional Manager
Important Links